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NEW REPORT: New Regs Open New Markets For Credit Unions

PYMNTS

The credit union (CU) market has long argued that rules intended for larger, more traditional banks have unjustly been applied to their industry, stifling their growth and pace of innovation. However, recent changes in regulations could open new doors for the credit union market to more efficiently serve its members.

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Brad M. Bolton: Our greatest assets

Independent Banker

Community bankers have proven vocal advocates on numerous issues facing our industry, including pushing to advance a cannabis banking safe harbor, close the industrial loan company loophole, oppose an extension of Durbin Amendment restrictions to credit cards and shape the debate over the regulation of crypto assets. My Top Three.

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What Grubhub, Uber Can Teach CUs About Loyalty And Rewards

PYMNTS

PYMNTS’ Credit Union Innovation Index found that 65 percent of such members chose their CUs because they trusted them, for example, with 60.8 Another CU issue currently awaiting federal regulation is legalized marijuana. percent saying they would not leave their CUs for different FIs. CUs are of particular interest to the U.S.

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Top 10 Regulatory Hot Topics for 2022 – What AML Professionals Need to Know

Abrigo

Experts weigh in on regulatory hot topics for 2022 Review these 10 insights into what regulators are looking for in 2022 to help your financial institution pass exams with flying colors. Takeaway 1 Regulators have increased their focus on BSA in the first quarter of 2022, and the crisis in Ukraine will put OFAC in the spotlight.

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Top 10 Regulatory Topics NBFIs Should Prepare for in 2022

Abrigo

Expert insights on 10 regulatory topics that NBFIs should consider this year Review this list of what regulators are looking for in 2022 to help your NBFI pass exams with flying colors. Takeaway 3 NBFIs should review common deficiencies in AML programs that regulators are citing and fix issues before their next audit or exam.

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Five At Five: NYC Votes To Impose Ridesharing Cap

PYMNTS

Coverage includes New York lawmakers seeking to put a cap on ridesharing services, states working to embrace blockchain , Hawaii saving money by converting some functions to digital, new data from the Federal Reserve and Starbucks clearing up the confusion over cryptocurrency. City Council Weighs In On Ridesharing Debate With Cap.

Hawaii 100
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Floating The Next Big Idea For Social Commerce

PYMNTS

Since the dawn of the internet in the mid-90s, there have been some genius ideas and some completely innovative business models. New companies now aim to be used as a verb by creating an innovative way to buy goods – such as: “I floated it.”. We don’t search, we Google. We don’t shop at Amazon , we one-click.

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